Antitrust and Trade Regulation laws aim to promote free competition in the marketplace. Agreements or cooperative efforts by two or more entities that affects or restrains competitors is illegal under these laws. The Sherman Act makes illegal any contract, combination, or conspiracy in restraint of trade or commerce and makes monopolies and attempts, combinations, or conspiracies to monopolize illegal. The Clayton Act regulate price discrimination, tying and exclusive dealing contracts, stock acquisition and interlocking directorates.
Chenoa is a city in McLean County, Illinois, USA. The population was 1,845 at the 2000 census. Located at the intersections of Interstate 55, Historic Route 66, and U.S. Route 24. Founded in 1854 by Mathew T. Scott, Chenoa was created to provide a retail and trade center for his farm tenants as well as a grain shipping facility. The Chenoa Centennial was celebrated in 1954. The town is situated in a highly productive agricultural area. Two currently active businesses here are notable due to their longevity. They are Schuirman's Drug Store (now Chenoa Pharmacy) and Union Roofing. The latter company today is one of the largest roofing contractors in Illinois. Several small manufacturers operate here and a number of antique dealers are Chenoa-based. There is a small grade school located off Division Street. A well attended July 4 celebration is held in Chenoa each year.